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Nov 1, 2013
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Oct 29, 2013
Oct 29, 2013

Insight: From Russia to labor shortages, Latvia faces stern tests in euro

VALKA, Latvia (Reuters) – From his office near Latvia’s border, Valka deputy major Viesturs Zarins can see the future. It’s down the road, right at the supermarket and past the derelict house.

Across a disused border post lies Estonia, a euro currency nation that Latvia will next year emulate. From a quirk of history this town is split between the two countries, where some street vendors deal in euros and others in Latvian lats.

Oct 29, 2013

From Russia to labour shortages, Latvia faces stern tests in euro

VALKA, Latvia, Oct 29 (Reuters) – From his office near
Latvia’s border, Valka deputy major Viesturs Zarins can see the
future. It’s down the road, right at the supermarket and past
the derelict house.

Across a disused border post lies Estonia, a euro currency
nation that Latvia will next year emulate. From a quirk of
history this town is split between the two countries, where some
street vendors deal in euros and others in Latvian lats.

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